A competition of investment projects of small businesses has started in Belarus

7 March 2023

The Belarusian Fund for Financial Support of Entrepreneurs is holding a competition for investment projects of small businesses to provide state financial support.

State financial support is provided on a competitive basis to small businesses registered and operating on the territory of the Republic of Belarus and when they implement investment projects in the following areas:

• creation, development and expansion of production of goods (works, services);
• organization, development of production, sale of export-oriented, import-substituting products;
• production of products aimed at energy and resource saving;
• introduction of new technologies (having higher quality characteristics compared to the best analogues available in the given market, in a certain market segment, for which this technology is new).

Applications for participation in the competition are accepted until March 16, 2023.

The provision of state financial support to business entities contributes to the achievement by the Republic of Belarus of Sustainable Development Goals 7, 8, 9, 12 and other SDGs.

More information about the competition can be found at the link.

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